Bank of Korea May Go Up to 3.5% as Terminal Rate, Governor Rhee Says

Bank of Korea May Go Up to 3.5% as Terminal Rate, Governor Rhee Says

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Business

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The transcript discusses recent interest rate hikes and the factors influencing future decisions, including the impact of the Fed's actions, inflation, and economic conditions. Board members have varied views on the terminal rate, and the focus remains on price stability and external factors. The potential end of rate hikes is considered, with attention to inflation and economic growth.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the uncertainties mentioned that could affect the future decisions on interest rates?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the relationship between inflation stabilization and interest rate decisions?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest about the timing of potential rate cuts in relation to economic growth?

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